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HomeMy WebLinkAboutOrdinance 21392-08-2014 Ordinance No. 21392-08-2014 AN ORDINANCE INCREASING THE ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE GRANTS FUND IN THE AMOUNT OF $275,000.00, SUBJECT TO THE RECEIPT OF A GRANT FROM UNITED WAY OF TARRANT COUNTY, FOR THE PURPOSE OF OPERATING THE VOLUNTEER INCOME TAX ASSISTANCE PROGRAM (VITA); PROVIDING FOR A SEVERABILITY CLAUSE; j MAKING THIS ORDINANCE CUMULATIVE OF PRIOR ORDINANCES; ! REPEALING ALL ORDINANCES IN CONFLICT HEREWITH;AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 4 SECTION 1. I I i That in addition to those amounts allocated to the various City departments for Fiscal Year 2013-2014 in the Budget of the City Manager,there shall also be increased estimated receipts and appropriations in the Grants Fund in the amount of$275,000.00, subject to the receipt of a grant from United Way of Tarrant County, for the purpose of operating the Volunteer Income Tax Assistance program. SECTION 2. I That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. i That this ordinance shall be cumulative of Ordinance No. 20952-09-2013 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. i i APPROVED AS TO FORM AND L ITY: CITY SECRE AR I i i Assistant orney ary 7. a ADOPTED AND EFFECTIVE:August 19,2014 i i City of Fort Worth, Texas Mayor and Council Communication i *a � �.� ,a�_COUNCIL ACTION Approvedon_8/19/2014.Ordinance No_ 21-392 08 20.1T4 DATE: Tuesday, August 19, 2014 REFERENCE NO.! C-26928 y' LOG NAME: 80UWTC-VITA-2014 1 SUBJECT: Ratify Application for and Authorize Acceptance of, if Awarded, a Grant from the United Way of Tarrant County in the Amount Up to $250,000.00 for the Volunteer Income Tax Assistance Program, Authorize Execution of Agreement with the United Way of Tarrant County, Authorize Allocation of a Portion of Assigned Staff Time Valued in the Amount of$25,000.00 as an In-Kind Match and Adopt Appropriation i Ordinance (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council i i 1. Ratify the application for and authorize acceptance of, if awarded, a grant from the United Way of Tarrant County in the amount up to $250,000.00 for the operation of the Volunteer Income Tax Assistance program; 2. Authorize the execution of the related Grant Agreement with the United Way of Tarrant County; i 3. Authorize the allocation of a portion of assigned staff time valued in the amount of$25,000.00 as an in- i kind match for this grant; and i � I 4. Adopt the attached appropriation ordinance increasing estimated receipts and appropriations in the Grants Fund in the amount up to $275,000.00, subject to receipt of funds. DISCUSSION: The United Way of Tarrant County has funds available for agencies to implement the Asset Development and Income Support Initiative for Fiscal Year 2014-2015. The outcome of this initiative is to positively impact the financial stability of Tarrant County working families. One method to accomplish this!is by assisting unduplicated low-income families through the Volunteer Income Tax Assistance (VITA) k program. In 2001, a decision was made to move the VITA program from the Internal Revenue Service to a community based program. It was determined that the communities had a better relationship with their residents and would be more successful in delivering the three pronged message to the populations. The i three pronged message the Internal Revenue Service is interested in delivering is: (1) tax return preparation (2) financial education and asset building and (3) outreach. The Earned Income Tax Credit is the basis of the VITA program. This message is delivered through tax return preparation, outreach products, and financial education. The goal is to deliver a program and teach people how to invest their refunds in an advantageous manner to assist them with becoming self-sufficient. I I The goal is to assist up to 3,500 unduplicated low-income workers to file their tax returns through a VITA site and to file for approximately $3.1 million in Earned Income Tax Credits (EITC). EITC can supplement the income for families while they work to advance their earnings. This will enable these families to meet daily living expenses, begin saving, build assets and achieve a level of financial stability. Logname: 80UWTC-VITA-2014 Page I of 2 The Parks and Community Services Department will administer this program. A 10 percent match is required for this grant and will be provided by allocating a portion of assigned staff time valued at $25,000.00 that is billed to and paid out of previously appropriated general fund money. The total amount of this grant, when factoring in the in-kind match, is $275,000.00. This program serves ALL COUNCIL DISTRICTS. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in the current operating budget, as appropriated, of the Grants Fund. f � FUND CENTERS: TO Fund/Account/Centers FROM Fund/Account/Centers GR76 488339 080455740000 $250,000.00 GR76 488928 080455740000 $25,000.00 l I GR76 517040 08045574OXXX $25,000.00 GR76 5(VAROUS) 080455740XXX $250,000.00 � I CERTIFICATIONS: ` Submitted for City Manager's Office by: Susan Alanis (8180) l Originating Department Head: Richard Zavala (5704) i Additional Information Contact: Sonia Singleton (5774) i 4 i j 1 ' f I R t i G 4 I it 1 Logname: 80UWTC-VITA-2014 Page 2 of 2